Construction of West China new line to begin soon
West China Cement plans to construct a new 4500tpd clinker line with a 7.5MW residual heat recovery system in Hetian district of Xinjiang province.
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US January shipments rise six per cent
Total shipments of Portland and blended cement in the United States and Puerto Rico for January 2011 were 3.7Mt, according to recent data from the USGS
S&P downgrades Greek Titan to BB, warns of further cuts
S&P today cut to BB from BB- the long-term corporate credit and issue ratings on Greek cement maker Titan Cement Co SA while keeping intact its B short-term rating.
Pakistan cement dispatches down 7.86%
All Pakistan Cement Manufacturers Association (APCMA) said on Monday that the cement dispatches during July-March 2010/11 stood at 16.02Mt, a decline of 7.86 per cent
Fitch revises Votorantim’s outlook to stable, Brazil
Fitch Ratings has assigned a ’BBB-’ rating to Votorantim Cimentos SA’s (VCSA) US$750m bonds
Rain Commodities plans mini cement plant
Rain Commodities of India plans to establish a mini cement plant with a capacity of 0.5Mt
Mozambique cement production to hit 4Mt by 2013
Mozambique is expected to reach production of approximately 4Mt of cement by 2013 when two more factories are due to start operating
Indian prices likely to moderate soon
Cement prices across India are at historical highs but analysts say that these price levels are unlikely to
Cemex USA recognised for customer excellence
Cemex USA has received the 2011 Customer Relationship Management (CRM) Excellence Award
Jordan Cement Factories 2010 net income plunges
Jordan Cement Factories (JCF) announced that it barely broke even in 2010 as net income dropped from JOD46.3m (US$65.2m) in 2009 to just over JOD0.1m
Cementos Pacasmayo appoints new CEO, Peru
Humberto Del Carpio Nadal has been appointed CEO of Cementos Pacasmayo SAA, Peru’s second largest
Millennium Investment Banking cuts Cimpor price target
Millennium Investment Banking has cut its price target for Cimpor from EUR7.20 to EUR6.80
HeidelbergCement opens new Georgia terminal
The Minister of Regional Development and Infrastructure of Georgia and HeidelbergCement’s director of
UK construction expansion rate eases
The Chartered Institute of Purchasing and Supply (CIPS)/Markit construction purchasing managers’ index (PMI) has today revealed UK construction activity eased slightly in March.
Indonesian 1Q cement sales rise six per cent
Domestic sales in Indonesia rose six per cent in the first-quarter 2011 to 10.28Mt, up from 9.7Mt over the same period last year
Buzzi 2011 advance restrained by Italy & USA
On a turnover that was off by just 0.9% to €2648.4m in 2010, Buzzi Unicem’s underlying EBITDA was almost stable (-0.3%) at €540.2m.
Cimentos Liz delays IPO on risk aversion
Brazilian cement producer Cimentos Liz postponed on Friday a plan to sell shares to investors for as many as 60 days because of deteriorating market conditions.
S&P gives BBB to Votorantim Cimentos senior unsecured notes
S&P said Thursday it had rated the senior unsecured notes, to be issued by Brazilian cement maker Votorantim Cimentos SA, at BBB.
Morgan Stanley exists Shanshui Cement
Morgan Stanley private equity has sold a HK1.73bn (US$222m) block in China Shanshui Cement.
Indian producers sees March sales rise
Some of India’s leading cement producers have reported a rise in shipments for March 2011 however, the domestic industry is unlikely to beat overall growth figures registered in...
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